Supplementary Provisions, Article 7

①The provisions of Article 8-3-3 and Article 9, paragraph (14) of the Supplementary Provisions of the Local Tax Act as amended by the provisions of Article 2 (referred to as the "2025 New Act" in the following paragraph and Article 15 of the Supplementary Provisions) apply to corporate enterprise tax for business years beginning on or after the date of enforcement of the provisions set forth in Article 1, item (iii) of the Supplementary Provisions (hereinafter in this Article and Article 15 of the Supplementary Provisions referred to as the "Item 3 Effective Date"), and the provisions then in force continue to govern corporate enterprise tax for business years that began before the Item 3 Effective Date.

②With regard to the application of Article 8-3-3, paragraph (1) of the Supplementary Provisions of the 2025 New Act to the enterprise tax for the first business year beginning on or after the Item 3 Effective Date (hereinafter in this paragraph referred to as the "first business year") (excluding enterprise tax on the business conducted by a corporation that fell under the corporations listed in Article 72-2, paragraph (1), item (i), (a) of the Local Tax Act prior to amendment by the provisions of Article 2 with respect to the enterprise tax for the business year preceding the business year that includes the Date of Promulgation of this Act (hereinafter in this paragraph referred to as the "Date of Promulgation"), that was determined, on the basis of its status as of the day before the Date of Promulgation, to have an amount of stated capital or capital contributions of 100,000,000 yen or less, and that fell under the corporations listed in (b) of that item with respect to the enterprise tax for each business year ending during the period from the Date of Promulgation to the day before the start date of the first business year), the phrase "previous business year" in that paragraph is deemed to be replaced with "any business year ending during the period from the day before the start date of the business year that includes the Date of Promulgation of the Act Partially Amending the Local Tax Act, etc. (Act No. 4 of 2024) to the day before the start date of the first business year prescribed in Article 7, paragraph (2) of the Supplementary Provisions of that Act".